Sunday, November 24, 2013

Bull Realty Brokers Sale of 1.15 Acres on Peachtree Street in Atlanta’s Buckhead District

  
1753 Peachtree Street, Atlanta, GA


ATLANTA, GA – Bull Realty has brokered the $4.3 million sale of 1753 Peachtree St., a 1.15-acre site in Atlanta.

Michael Bull

UHS-Pruitt purchased the site on Nov. 12 from Woodhaven Ventures LP with plans develop an upscale six-story, 120-bed skilled nursing facility on the property.

The corner site is located less than half a mile south of Piedmont Hospital and the Shepherd Center, one of the top rehabilitation hospitals in the country.

Michael Bull, CCIM, and Daniel Latshaw, CCIM, of Bull Realty marketed the property and represented the seller in the transaction. Rush Bradley of Lavista Associates represented the buyer.

UHS-Pruitt, which is based in Norcross, Ga., owns and operates healthcare properties throughout the Southeast. 

The firm plans to tear down the existing single-story, 9,440-square-foot building to make way for a Class A, 60,832-square-foot skilled nursing facility.

The site, located at the intersection of Peachtree Street and Huntington Road in the popular Buckhead area of Atlanta, features 123 feet of frontage on Peachtree Street and a daily traffic count of 39,530 vehicles. The new building will have great views of Buckhead and Midtown and will be convenient to numerous high-end restaurants and stores.

Rush Bradley
“With its proximity to two premier hospitals, this location represents an outstandingpurchase for UHS-Pruitt and an ideal demographic for a skilled nursing facility,” said Michael Bull, the founder and president of Bull Realty.

 “All the factors are in place for this new development to be a wonderful addition to Buckhead and a very successful project.”

For a complete copy of the company’s news release, please contact:

Stephen Ursery • The Wilbert Group
1720 Peachtree St., Suite 350 • Atlanta, Ga. 30309
O: 404-549-7150  • M: 404-405-2354

No comments:

Post a Comment